Cybersecurity risk management is the process of capturing, analyzing and prioritizing an organizations top cyber risks. The cyberthreat landscape is rapidly changing and expanding, exposing a new set of risks to organizations. The implementation of an effective risk management framework provides a platform for IT security teams to log their cyber risks across the organization and prioritize them by comparing each of their residual risk scores. Risk management can assist with making investment decisions and act as an audit trail that the organization can hand over as part of meeting regulatory requirements.”]